OECD Business Confidence Index

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OECD

The business confidence index (BCI) is based on enterprises’ assessment of production, orders and stocks, as well as its current position and expectations for the immediate future. Opinions compared to a “normal” state are collected and the difference between positive and negative answers provides a qualitative index on economic conditions. The BCI has shown to be a reliable indicator for the business cycle.

 

Additional Reading

Business and Consumer Confidence Index – February 2018

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